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Okta Jumps 20%, CrowdStrike Surges 15% as AI Fuels Cyber Spending

Okta rose about 20% and CrowdStrike 15% on August 27 as AI-driven threats push companies to spend more on cybersecurity, lifting tech stocks.

Meta Agrees to $18bn Settlement, Adds Curfews and Time Limits for Child Users

Meta agreed to an $18 billion settlement and will add night curfews and two-hour daily limits for child users on Instagram and Facebook in the US.

Malaysia’s Anwar Unveils Cost-of-Living Measures Taking Effect September 1

Malaysian PM Anwar Ibrahim announced cost-of-living relief measures on Sunday, including restored fuel subsidy quotas and funding for schools and small tra

Norway’s King Harald V Dies at 89, Son Haakon VIII Takes Throne

King Harald V of Norway died Friday at 89. His son, Crown Prince Haakon, 53, became King Haakon VIII and paid tribute in his first speech.

Bank of America Says Buy Affirm Despite Modest Growth Guidance

Bank of America says Affirm shares could climb further after earnings, even as the buy now, pay later firm issued only a slight growth upgrade.

EU Commits $11.4 Billion to Build Seven AI Gigafactories in Race With US, China

The EU is offering 10 billion euros to build seven AI gigafactories, aiming to close the computing gap with the US and China.

Capital One Says It Closed Trump Organization Accounts After Money-Laundering Review

Capital One says it closed the Trump Organization's accounts after an anti-money-laundering review, the first bank to tie such concerns to Trump's business

EU Clears $55 Billion Electronic Arts Buyout Led by Saudi Arabia’s Wealth Fund

The European Union has cleared the $55 billion take-private acquisition of Electronic Arts led by Saudi Arabia's Public Investment Fund, Silver Lake and Af

Rivian Trims 2026 Spending and Narrows Loss Guidance in Second-Quarter Results

Rivian scaled back its 2026 capital spending and narrowed its projected losses as the EV maker reported second-quarter results amid sector pressures.

MiniMax Launches H3 Video AI Model With Open Weights, Challenging ByteDance on Price

Chinese AI firm MiniMax has launched its H3 multimodal video generation model with open weights and low pricing, challenging ByteDance's Seedance.

Oil Giants Set to Report Bumper Profits as US-Iran Conflict Drives Up Fuel Prices

Exxon Mobil and Chevron are expected to report strong Q2 profits as the US-Iran conflict disrupted Strait of Hormuz shipments and drove fuel prices higher.

Trump Media Launches Paid Service Offering Faster Access to Truth Social Posts

Trump Media and Technology Group has launched a subscription service giving paying clients faster access to Truth Social posts, with tiers up to $100,000 a

South Korea’s KOSPI Posts Record Rally as Chip Giants Fuel Global AI Trade Optimism

South Korea's KOSPI logged its best-ever day as Samsung and SK Hynix surged on AI demand, while the Bank of Japan held rates steady.

Oil Tops $100 as Iran War Widens, Squeezing Consumers at Pumps and Stores

Crude oil surged past $100 a barrel amid renewed Middle East fighting, pushing gasoline above $4 a gallon and threatening higher costs for U.S. shoppers.

Apple Faces $460 Billion Selloff as Chip Shortages Cloud Growth Outlook

Apple is heading for a $460 billion market value drop, its worst post-earnings slide in 13 years, after cautious guidance tied to chip shortages.

Top Certificate of Deposit Rates Reach 4.35% as Savers Seek Long-Term Yields

Certificate of deposit rates are reaching up to 4.35% APY this summer, drawing savers seeking fixed returns amid uncertainty over future interest-rate cuts

Analysts Downgrade Roblox as Platform Transition and Age Checks Slow Monetization

Analysts at BMO and Deutsche Bank downgraded Roblox as a platform transition and new age-verification system weighed on second-quarter monetization.

Fed Dissenters Defend Rate Hike Votes, Warning Inflation Demands Immediate Action

Federal Reserve officials who backed higher interest rates say immediate action is needed as inflation stays above the 2% target for over five years.

Citadel Acquires Bulk of Situational Awareness’s Stock Portfolio After AI Losses

Citadel has acquired most of Situational Awareness's stock holdings after the fund suffered heavy losses tied to a decline in AI shares.

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